433 N OSPREY AVE Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34236
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,949 sqft
Price per Sqft $346
Subdivision Central Park Sub
MLS Listing ID A4644435
Bedrooms 3
Full Baths 3
Year Built 1935
Annual Tax Amount $4,949
Lot Size 6,534 Sqft
Property Sub-Type Single Family Residence
New Construction false
Property Description
Price Improvement | Own a Sarasota Landmark in Gillespie Park
Now offered at a compelling new price, this one-of-a-kind property—The Boathouse & The Lighthouse—is a rare opportunity to own a nationally recognized architectural gem in Sarasota's walkable Gillespie Park neighborhood. Featured on HGTV's Zillow Gone Wild, this iconic compound blends history, artistry, and income potential in a way few properties across the country can match.
Built in 1933 by master boatbuilder Oliver Blackburn for Captain Arthur Rowe—who served both John Ringling and William Selby—this property is a tribute to Sarasota's maritime legacy. The Boathouse and Lighthouse were designed as a land-based accomodation between a houseboat and a traditional home, and today they stand as a testament to creative living and historic preservation.
The Boathouse offers 2 bedrooms, 2 baths, sunlit living spaces, a modern kitchen, and a spiral staircase leading to a private suite with balcony access.
The Lighthouse is a vertical 1-bedroom, 1-bath retreat with three levels, including a panoramic observation room ideal for a studio, office, or creative escape.
Set on a lushly landscaped lot, this property is the only available parcel in Gillespie Park, a neighborhood experiencing rapid transformation with new luxury homes—including a $2M+ build next door—raising values and expanding downtown Sarasota's footprint northward.
Whether you're:
An investor seeking high-performing short-term rentals
A visionary looking for a live/work compound
A history lover drawn to Sarasota's storied past
This property offers unmatched flexibility and character. Live in one, rent the other, or reimagine both as a boutique retreat or artistic haven. With its central location just blocks from downtown Sarasota's dining, arts, and waterfront, and only 4.2 miles to Lido Beach, this is more than a home—it's a legacy.
Bring all offers. The seller is motivated, and this iconic residence is ready for its next chapter
Location
State FL
County Sarasota
Community Central Park Sub
Area 34236 - Sarasota
Zoning DTN
Interior
Heating Central,Electric
Cooling Central Air
Flooring Ceramic Tile,Wood
Laundry Electric Dryer Hookup,Inside
Exterior
Exterior Feature French Doors
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected,Water Connected
Roof Type Membrane
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
New Construction false
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://pix360.com/phototour5/39505/